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| Exchange Received Time 29/05/2017 17:41:58 Exchange Disseminated Time 29/05/2017 17:42:06 Time Taken 00:00:08 | This is to inform you that ICRA Limited (ICRA) - the Credit Rating Agency, has assigned/revised the credit ratings of the Company's rated instruments as given below:
(i) The fund based/non-fund based long term/ short term limits of Rs. 354 crores:
a. Upgraded the assigned long term rating to [ICRA]AAA (pronounced ICRA triple A) from [ICRA] AA+ (pronounced ICRA double A plus).
b. Reaffirmed the assigned short-term rating at [ICRA] A1+ (pronounced ICRA A one plus).
(ii) The Commercial Paper Programme aggregating to Rs. 400 crores: Reaffirmed rating at [ICRA] A1+ (pronounced ICRA A one plus).
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